
59 Joy Street Boston — Photo 1 of 4
Beds
3
Baths
3
SqFt
1,704
Style
3 Family - 3 Units Up/Down
Built
1880
This offering presents a fully occupied three-family residential building in Boston's Beacon Hill neighborhood, consisting of three one-bedroom units with a clear value-add opportunity. One unit has been fully renovated and rents for $3,550 per month, while the two unrenovated units average approximately $2,500 per month. Because all three units share the same layout, the renovated unit shows what the others can achieve: renovating the remaining two could add roughly $1,050 per unit per month, or about $25,000 in annual gross rent. Meanwhile, the property generates in-place income from day one. The building is just steps from Cambridge Street and Massachusetts General Hospital, one of the region's largest employers, and a short walk to both the Red Line (Charles/MGH) and Green Line (Government Center) MBTA stations, giving residents easy access to downtown, Cambridge, and the greater Boston area. A deep employer base nearby, including MGH, the State House, Government Center, and the Financial District, supports consistent rental demand for one-bedroom units, and residents also have the shops, restaurants, and amenities of Charles Street and the West End close by. With stable occupancy, a proven value-add business plan with meaningful upside, this property is an attractive investment in one of Boston's most desirable and supply-constrained submarkets.
Key facts
It was listed on October 4, 2026. The annual property taxes are $21,855 (2026 tax year). It sits on a 0.02-acre lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Boston, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Questions about this home
When was 59 Joy Street, Boston listed?
59 Joy Street, Boston was listed on October 4, 2026.
Has the price of 59 Joy Street, Boston changed?
The price hasn't changed since it was listed at $1,449,000.
What are the property taxes for 59 Joy Street, Boston?
The annual property taxes for 59 Joy Street, Boston are $21,855 (2026 tax year).
How big is the lot at 59 Joy Street, Boston?
59 Joy Street, Boston sits on a 0.02-acre lot.
What is the status of 59 Joy Street, Boston?
59 Joy Street, Boston is actively listed for sale.
Population
14,418
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$132K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
77.9%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Suffolk County
2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Kevin Benzinger
Listing Office: Boston Realty Advisors
MLS® Number: 73586459









